GCMAsia - AUDUSD

AUDUSD
2018-10-22
| Resistance and Support | Level | Explanation |
| Resistance | 0.7130 | H4 |
| Support | 0.7090 | H4 |

AUDUSD, H4: AUDUSD was traded lower while currently testing at the strong support of 0.7090. MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the target of 0.7090.
Resistance level: 0.7130, 0.7150
Support level: 0.7090, 0.7045